With mandates on the horizon that could phase out gas vehicles in government fleets, OEMs are working toward aggressive goals in the EV arena.
Despite elevated vehicle prices, soaring interest rates and high inflation, there are no signs that demand is falling off yet.
If retail consumers avoid buying new vehicles because of high inflation and interest rates, then OEMs may route more of them into fleet and lease channels.
A Cox Automotive Mobility white paper delves into "a perfect storm of bottlenecks" for vehicle electrification as supply chain and economic pressures mount.
IARA Summer Roundtable: Auto sales and transactions reap more stats, info, and input than ever, but it’s not useful unless you can apply it to business.
Analysis: The Fed wants to see less credit flowing as part of their plan to induce pain, and it's working. Are they taking enough time to see the effects of their moves before doubling down?
But don't get too excited. Days supply is still far below historical levels and production has yet to catch up to demand.
IARA Summer Roundtable: A panel of economists laid out a mash up of economic indicators and remarketing industry signals that show the worst is over since 2020. But how much improvement lies ahead?
The average price for a new electric vehicle – over $66,000, according to Kelley Blue Book estimates – remains well above the industry average and more aligned with luxury prices versus mainstream prices.
For the first time, used EV prices are exceeding the consumer price index for all used cars spurring sales and resales, according to the Q3 2022 Used Electric Car Market Report.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In
